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Each week we publish information on key stocks to watch for the coming week. Below is a litany of information related to certain key stocks to watch next week.
Each week we share this list because these key stocks to watch are what will possibly move markets. Key stocks to watch next week and their events are scheduled for these companies and are listed below next week:
Several Key Stocks To Watch On Earnings
Earnings tend to move stocks and there are a number of companies reporting next week. Heico (NYSE:HEI) on Dec. 18; Carnival (NYSE:CCL), Darden Restaurants (NYSE:DRI), FedEx (NYSE:FDX), Micron (NASDAQ:MU), Red Hat (RHAT) and Navistar (NYSE:NAV) on Dec. 19; General Mills (NYSE:GIS), BlackBerry (NASDAQ:BB), and Winnebago (NYSE:WGO) on Dec. 20; Nike (NYSE:NKE), Accenture (NYSE:ACN), Rite Aid (NYSE:RAD), ConAgra (NYSE:CAG) and Finish Line (NASDAQ:FINL) on Dec. 21.
Box Office Offers Several Key Stocks To Watch This Week
Star Wars (NYSE:DIS) is out and kicking some but with theaters selling out seats like hot cakes. Another big week is ahead as this event is promising amid the consumer spending bounce and with the MoviePass (NASDAQ:HMNY) model generating interest with millennials.
Numbers to watch include the early box office forecast for a +$200M opening weekend and the $248M mark delivered by The Force Awakens in 2015. Theater chains AMC Entertainment (NYSE:AMC), Cinemark (NYSE:CNK), Regal Entertainment (NYSE:RGC), Marcus Corporation (NYSE:MCS) and IMAX (NYSE:IMAX) hope for a strong buzz factor into the weekend, while Hasbro (NASDAQ:HAS) eyes a Star Wars toys boom. Ferdinand (Fox) and Coco (Disney) also open this weekend, while Downstairs (Paramount), Pitch Perfect 3 (Universal) and Father Figures (Warner Bros) debut next Friday. Will enough MoviePass subscriptions make their way into holiday stockings to provide a tailwind for the exhibitor sector in 2018?
IPOs Offer Key Stocks To Watch This Week
Adial Pharmaceuticals (Pending:ADIL), Cue Biopharma (CUE) and Advantage Insurance (Pending:AVI) on Dec. 18; iClick Interactive Asia (Pending:ICLK) on Dec. 21; Longfin (NASDAQ:LFIN) on Dec. 22.
Merger Madness Offers Key Stocks To Watch
What’s the next domino to fall after Disney struck a deal to buy film/TV assets from Twenty-First Century Fox (FOX, FOX) for a cool $52.4B? “We believe remaining film/TV studio assets will become increasingly valuable/scarce,” predicts BTIG analyst Rich Greenfield on the development. Studios Lions Gate (LGF.A, LGF.B) and privately-held MGM are expected by some to see bids. Other media stocks on the consolidation radar are CBS (NYSE:CBS), Discovery Communications (NASDAQ:DISCA), AMC Networks (NASDAQ:AMCX), Comcast (NASDAQ:CMCSA), Verizon (NYSE:VZ) and Viacom (VIA, VIAB). Though there’s also the AT&T (NYSE:T)-Time Warner (NYSE:TWX) vs. DOJ court battle to consider, the biggest media question mark of all may surround Netflix (NASDAQ:NFLX), which faces a Disney-controlled Hulu and the rollback of net neutrality rules.
We have been diligently covering cryptocurrency of late. Keep a close watch on the movement this week, as we suspect bitcoin to move above 20,000 or below 10,000. Key reports you should review:
Norwegian Cruise Line Holdings (NASDAQ:NCLH), Bridgepoint Education (NYSE:BPI), (NYSE:KMG), Aldeyra Therapeutic (NASDAQ:ALDX) and Earthstone Energy(NASDAQ:ESTE) on Dec 18.; SG Blocks (NASDAQ:SGBX), Safety Income and Growth (NYSE:SAFE), Altice USA (NYSE:ATUS), Daseke (NASDAQ:DSKE) and Nabriva Therapeutics (NASDAQ:NBRV) on Dec. 19; Performance Food Group (NYSE:PFGC) on Dec. 21; Chatham Lodging Trust (NYSE:CLDT) on Dec. 22.
Several Key Stocks To Watch This Week Stem From Key Meetings
A few companies are having special meetings that you should be aware of. These include: Arc Logisitcs (NYSE:ARCX) on Dec. 18; Omega Protein (NYSE:OME) on Dec. 19, Ruby Tuesday (NYSE:RT) on Dec. 20; NewStar Financial (NASDAQ:NEWS) on Dec. 21. There are also a number of companies having their annual meetings and we will closely be watching for clues on plans for the upcoming year. These names include: Scientific Games (NASDAQ:SGMS)-NYX Gaming (OTC:NXXYF) and AutoZone (NYSE:AZO) on Dec. 20; JAKKS Pacific (NASDAQ:JAKK) on Dec. 22. Finally we are watching some some analyst meetings and these include LogMein (NASDAQ:LOGM) and AGCO Corporatoon (NYSE:AGCO) on Dec 19.; Digital Power (NYSEMKT:DPW) on Dec. 20.
Alaska Air Group (NYSE:ALK) and Simon Property Group (NYSE:SPG) are singled out as top picks with upside. Income investors are advised to consider Merck (NYSE:MRK), PepsiCo (NYSE:PEP), Daimler (OTCPK:DDAIF) and Novartis (NYSE:NVS). The impact of environmental, social and governance factors at Exxon Mobile (NYSE:XOM) is seen as putting the company at the crossroads.
The commission has voted to repeal current net neutrality rules during a scheduled meeting last week. The usual media suspects such as Netflix (NASDAQ:NFLX), Sprint (NYSE:S), AT&T (NYSE:T), Dish Network (NASDAQ:DISH) and Comcast (NASDAQ:CMCSA) are likely to weigh in on the consequences of the vote and as such make them key stocks to watch this week.
Top Picks for 2018
We want to remind you of several top picks for 2018. Alphabet (GOOG, [[GOOGl]]), Delta Air Lines (NYSE:DAL), Berkshire Hathaway (BRK.A, BRK.B), Volkswagen (OTCPK:VLKAY), Pioneer Natural Resources (NYSE:PXD), Applied Materials (NASDAQ:AMAT), Enterprise Products Partners (NYSE:EPD), Ally Financial (NYSE:ALLY), Anthem (NYSE:ANTM) and US Foods Holding (NYSE:USFD) all make the list. There’s a less optimistic view on the off-price retail sector expressed, with Ross Stores (NASDAQ:ROST) and TJX Companies (NYSE:TJX) seen at risk for share price falls.
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